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View Full Version : Hennes & Mauritz Posts First Quarterly Profit Drop Since 2003 - Bloomberg



NewsWhore
03-26-2009, 04:07 AM
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Hennes & Mauritz Posts First Quarterly Profit Drop Since 2003 (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601085%26sid%3DabWRDS8eDkGg%26refer%3Deurope&cid=0&ei=0TjLSfCmEIecMqmomL8M&usg=AFQjCNHbDSsnMqinAkAgdjTvhysSNi_-3g)
Bloomberg
“In view of the current economic environment and the negative currency effects” the company “considers the operating result for the first quarter as good,” H&M said in the release. So-called same-store sales fell for the seventh consecutive month in ...


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